Middle East Economic Survey
VOL. XLIX
No 3
16-January-2006
LEBANON
High Economic Risk But Good Resilience Define Lebanese Banks, Says S&P
Economic risk inherent in their fragile operating environment is the main driver of the ratings on Lebanese banks according to the Bank Industry Risk Analysis: Lebanon report, released on 10 January by Standard & Poor's (S&P). The Lebanese governments high indebtedness, fiscal deficit, and fragile political stability cause severe constraints on the...
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